2024 IT Salary Survey by company size and metro area
The Salary Survey draws on data collected throughout the year by extensive internet-based and completed survey forms sent to businesses throughout the United States and Canada. The survey data reflects IT salaries in 78 major cities in the United States as well as 23 cities in Canada. The report is over 190 pages long and the data is provided in PDF format. Plus 73 full job descriptions in PDF and MS Word.
IT compensation does not keep up with inflation and hiring slows but still strong
Are you paying too much or too little to your IT staff? Do you have IT job descriptions? Are you earning what you're worth? Whether employer or employee, it is important to know what other companies are paying in total compensation for a similar position in your area. Learn how your company compares in the area of compensation.
Summary Findings
Base salaries for all IT Pros increased by 2.6% - now $95,879
Median salaries for IT Pros in large enterprises is $103,178 with executives' median of $183,515
Salaries for IT Professionals in aggregate rose 2.59% in the past 4 quarters - less than the annualized inflation rate
Retirements of IT Professionals peaked as more "Baby boomers" opted out of returning to work
Salary compression is occurring as "new hires" are offered salaries at the top end of the pay ranges for existing positions - often paid more than current employees in the same position
Total mean compensation for all IT Professionals increased from $97,557 to $100,079
Attrition rates in mid-sized enterprises are rising faster than in large enterprises
Salary levels in mid-sized enterprises are rising faster than in large enterprises 3.04% versus 2.26%
Consultants who augment IT Staff and skills now are in high demand
Demand has remained highest for IT professionals who support security, Blockchain, Work From Home (WFH), and e-commerce
Staffing and retention continue as a primary priority of C-level management
IT Salaries were on the rise. More companies were investing in information technology. The emphasis over the past several years is in both e-commerce and mobile computing. At the same time with the ever-increasing Cyber attacks and data breaches, CIO are looking to harden their sites and lock down data access so that they can protect all of their electronic assets.
Added to that in an ever-increasing array of mandated requirements from the EU with GPDR and US federal and state requirements to protect individual users' privacy. All of these factors increase demand for experienced IT Pros and salaries they are paid.
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
POET Technologies Inc. ("POET" or the "Company") , the designer and developer of the POET Optical Interposertm, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and AI markets, has added an additional...
iCivics, the nation's leading civic education nonprofit, and the White House Historical Association today launched Brief the Chief, a new digital game that teaches students how the President of...
On April 20, 2024, the 72 best youth free-throw makers in the nation stepped up to the line at Wintrust Arena in Chicago to take their shot at national titles in six divisions?boys and girls in each of three age-groups. While only six walked away...
EMERGE Commerce Ltd. ("EMERGE", or the "Company"), a premium e-commerce brand portfolio, is pleased to announce that, further to its news releases dated March 22, 2024, and April 12, 2024, 100% of the holders (the "Debentureholders") of the 10%...
Margex, a cryptocurrency trading platform boasting ultra-convenient and user-friendly copy trading, is excited to announce the addition of five new trading pairs to USD:
Toncoin (TON/USD), Theta Network (THETA/USD), Jupiter (JUP/USD), TRON...
RMS Titanic, Inc., the salvor-in-possession of the RMS Titanic, today announced the dates for its 2024 Imaging and Research Expedition. The company also unveiled details about the plans for utilizing high-resolution imaging technology that will...